Salt Lake evening Democrat. [volume] (Salt Lake City, Utah) 1885-1887, 1887-06-23
THEY MUST GO.

The war taxes must go. This is a
move in the National chess board Of
politics that the country demands. The
demand is growing louder day by day.
AS the hours go by they but add to the
irmness of the popular purpose. That
purpose has reached the crystalization of
determination. "The war taxes must
go" is the popular cry. Early recogni-
ton of, and prompt and active deferring
to the popular cry, is all that will quiet
the popular voice. And this voice must
be needed. 1t is the voice Of ruler.
The people will no longer be robbed.
They will no longer contribute the neces-
saries of life to the luxury of treasury
surplus---a surplus of fraud and extor-
ton. The war taxes must go, and the
political leader, be he Republican or be
be Democrat, who thrusts himself for
ward as bar to this righteous purpose,
will commit political suicide.
The Cleveland Plain Dealer thus
voices its own and John G. Carlisle's
views:
Speaker Carlisle. in an interview, dwells
upon the necessity of some speedy action
by Congress to stop the withdrawal of
money from circulation through the ac-
curnulatiOn of redundant revenues in the
National treasury. The speaker points out
that after July lst no bonds can be paid and
with $4,000, 600 more going into the treasury
every month than can be got out by any
legitimate means the country will soon feel
the pinch. Mr.. Carlisle seems to favor the
calling of Congress in extra session to con-
slider this matter at once.
There are but two expedients that the
Secretary of the Treasury can make use of
to set free the currency that after July 1st
will begin to accumulate in the treasury,
both temporary and of doubtful utility.
He NAV anticipate interest on outstanding
bonds or he may buy bonds in the market.
In the one case the holders of bonds might
not be willing to take their interest in ad
vance and there would be no way of COM
pelling them to take it. In the other case
the appearance of the Government as a
buyer of its own bonds in the market
would send the premium up and cause
financial disturbances. 1t is clear that the
Secretary can avail himself of either or
both of these expedients only to limited
extent and TO tlQo over an actual emergency.
It is also clear that the only right and
proper thing to do is to cut down the rev.
enues at least 800, 100000 year. The gov
ernment is collecting that sum over what it
has any use for or can expend in any legiti-
mate way. 1t is singular that there can be
any question as to what ought to be done in
such case. In no other civilized country
on earth would any other proposition re-
ceive consideration. When a government
has more revenue than it needs the only
thing that can properly be done is to lessen
taxes to that extent that will reduce the
revenue to the point where it will meet the
necessities of the government and no more.
/ Speaker Carlisle expresses the opinion
that Congress will agree upon some measure
of revenue reduction and that both the eI-
treme free traders and the extreme protec-
tionists will, out of regard for the necessity
now apparent, 30 far modify their views as
to make agreement upon some compromise
measure possible. It'll to be hoped that he
is right about this. There must be a reduc-
ton of revenue and it is idle to talk about
evadipg the question any longer.